Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 10)
10.
Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:
30%
33 1 %
3
35%
44%
Answer: Option
Explanation:

Suppose, number of articles bought = L.C.M. of 6 and 5 = 30.

C.P. of 30 articles = Rs. 5 x 30 = Rs. 25.
6

S.P. of 30 articles = Rs. 6 x 30 = Rs. 36.
5

Gain % = 11 x 100 % = 44%.
25

Discussion:
116 comments Page 2 of 12.

Mani said:   1 decade ago
c.p of 1 article = 5/6
s.p of 1 article = 6/5

gain = s.p - c.p
= 6/5 - 5/6
= 11/30
gain% = (gain/c.p)* 100
= (11/30)/(5/6) * 100
= 44%

Manasa.mallem said:   1 decade ago
Thank you Sharik.

Sunita said:   1 decade ago
Sharik very good explanation yar.

SANTHOSH said:   1 decade ago
Thanks mani.

Sree said:   1 decade ago
I have one question please answer my doubt.

A cellular phone when sold for Rs.4600 fetches a profit of 15% .find the cost price of cellular phone?

Deepika said:   1 decade ago
Thanks SHARIK. Really you make me understand.

Anandhakumar.P said:   1 decade ago
SP of 5 article = rs .6
therefore sp of 6 article = (6/5)*6 = rs. 7.2
now cp of 6 article(given) = rs. 5
gain = Sp -Cp = 7.2 - 5 = 2.2
gain % = (gain*100)/cp = (2.2*100)/5 = 44%
thats it !!!!!!!!!!!

Nj. said:   1 decade ago
Answer to Sree's query;

Selling Price= Rs.4600
Profit%= 15%
Therefore, C.P.= (100/(100+ Profit %))*S.P.
= (100/115)*4600
= Rs.4000

111 said:   1 decade ago
Thanks Ahmad.

Vasuroshan said:   1 decade ago
@srees query.....

sp=4600
gain%=15

we have formulae that

gain%=gain*100/cp

=(sp-cp)*100/cp
=(4600-x)*100/x
gain%=15 then put the value for gain%

15=((4600-x)*100)/x

by solving we get (4600*20)/23=4000

so cost price is===4000


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